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Energy
Trinity Hits Pause on Takeover Scheme Document Release
August 23, 2024 04:14 PM BST| By Team Kalkine MediaTrinity Exploration & Production,(LSE:TRIN),has announced a delay in the publication of the scheme document related to its recommended cash acquisition by Lease Operators. This acquisition, initially unveiled on August 2, will see Lease Operators acq...
Sound Energy Secures Bridge Financing Ahead of SEME Sale Completion
August 23, 2024 03:11 PM BST| By Team Kalkine MediaSound Energy,(LSE:SOU),has secured a bridge financing facility agreement for up to £1.5 million, as announced on Friday. This short-term financial arrangement, facilitated by Lyndisfarne Partners and provided by a high-net-worth individual operating...
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UK Household Energy Bills Set to Increase by 10% in October
August 23, 2024 12:00 AM BST| By Team Kalkine MediaUK household energy bills are set to increase by £149 starting in October, according to the latest price cap set by industry regulator Ofgem. For households consuming an average amount of gas and electricity, the annual bill will rise to £1,717. This...
Energy Prices Expected to Rise by 9% Ahead of Winter
August 22, 2024 12:00 AM BST| By Team Kalkine MediaEnergy prices in the UK are poised to rise by 9% starting in October, as the country braces for the colder winter months. Ofgem is set to announce the updated energy price cap on Friday.,Cornwall Insight analysts predict that the cap will increase fr...
Citi Highlights BP’s Hidden Value with 7-Eleven Bid
August 22, 2024 12:00 AM BST| By Team Kalkine MediaBP PLC,(LSE: BP),might see an unexpected boost in its value due to recent developments in the takeover battle for Japanese retail giant Seven & I, according to analysis from US bank Citi.,Canadian firm Alimentation Couche-Tard, known for its Circle K...
Touchstone Exploration Remains Committed to Trinity Bid
August 21, 2024 12:07 PM BST| By Team Kalkine MediaTouchstone Exploration Inc,(LSE:TXP),has reaffirmed its decision to proceed with its offer to acquire Trinity Exploration & Production PLC, stating that the bid is final and will not be increased.,In a statement, Chief Executive Paul Baay affirmed th...
Thor Energy Secures Drilling Permits for Colorado Projects
August 12, 2024 11:26 AM BST| By Team Kalkine MediaThor Energy PLC (LSE: THR) has announced that it has secured all necessary approvals for drilling at its Wedding Bell and Radium Mountain Projects in southwest Colorado, USA. This marks a significant step forward for the company’s exploration efforts...
Electrica Group Reports Q2 2024 Operational Data Ahead of Final Results
August 12, 2024 08:08 AM BST| By Team Kalkine MediaElectrica Group (LSE: ELSA) has released its preliminary operational indicators for the second quarter of 2024. The detailed consolidated financial results for the six months ending 30 June 2024 will be available on 27 August 2024. The preliminary da...
Bowleven Plans Delisting from AIM Due to Project Setbacks
August 09, 2024 12:35 PM BST| By Team Kalkine MediaBowleven PLC (LSE: BLVN), a UK-based oil and gas company with a focus on Africa, has announced its intention to delist from the AIM market and re-register as a private company. This decision follows stalled progress on its key project in Cameroon, wh...
New Sensor Development Agreement for Tan Delta Systems
August 09, 2024 09:08 AM BST| By Team Kalkine MediaTan Delta Systems PLC (LSE: TAND), recognized for its intelligent monitoring and maintenance systems for commercial and industrial equipment, has announced a new product development agreement with a global engine OEM. This non-exclusive agreement inv...
PetroTal Corp Sees Lower Q2 Earnings but Increases Annual Production and EBITDA Outlook
August 09, 2024 08:31 AM BST| By Team Kalkine MediaOn Thursday, PetroTal Corp (LSE: PTAL) disclosed its financial performance for the second quarter, revealing a weaker earnings report compared to the previous year. For the three months ending June 30, the Calgary-based oil and gas company, which ope...
Harbour Energy Reports Financial Turnaround and Raises Production Guidance
August 09, 2024 08:12 AM BST| By Team Kalkine MediaHarbour Energy (LSE: HBR) has announced a return to profitability for the six months ending June 30, reversing the loss experienced during the same period last year. The company reported a profit after tax of £44.9 million, compared to a loss of £8 m...
Centrica Initiates £200 Million Share Buyback Program
August 08, 2024 10:48 AM BST| By Team Kalkine MediaCentrica PLC (LSE: CNA), the Windsor-based energy provider, has launched a new £200 million share buyback initiative, set to commence on Thursday and conclude by the end of February. This move follows the company's recent half-year results announceme...
Savannah Energy’s Petronas Acquisition Deal Ends
August 08, 2024 08:03 AM BST| By Team Kalkine MediaSavannah Energy’s Petronas Acquisition Deal Ends,Savannah Energy PLC (LSE: SAVE), an energy company with a focus on projects in Africa, has announced the termination of its planned acquisition of Petronas's oil and gas business in South Sudan. Despit...
Zephyr Energy's Major Growth from Paradox Project and Helium Ventures
August 07, 2024 02:46 PM BST| By Team Kalkine MediaZephyr Energy PLC,,,operating in the,Oil & Gas sector,, is making notable strides in its transformation, particularly through its Paradox project in Utah. The company’s recent developments highlight a significant shift in its operational scale and fu...
NWF Group Faces Rising Concerns Amid Performance Issues
August 07, 2024 09:30 AM BST| By Team Kalkine MediaNWF Group has faced challenges recently, raising concerns for shareholders regarding the company's financial performance and operational stability within the,energy sector,. Recent reports highlight a decline in key financial metrics, signaling poten...
Serinus Energy Faces Revenue Stagnation Amid Challenges
August 06, 2024 02:17 PM BST| By Team Kalkine MediaSerinus Energy PLC has recently released its financial results, which reveal a period of modest financial performance amidst persistent challenges. The,energy stock,highlights key areas of concern and operational focus.,For the fiscal year ending Jun...
Mosman Increased Interest in Vecta Helium Project
August 06, 2024 12:50 PM BST| By Team Kalkine MediaMosman Oil and Gas Ltd., a prominent player of,Energy sector,announced an expansion of its stake in the Vecta helium project in the USA, reflecting a strategic move to enhance its helium exploration portfolio. This development follows the company's r...
Kibo Energy Finalizes Issuance of New Shares
August 06, 2024 10:31 AM BST| By Team Kalkine MediaKibo Energy PLC (LSE: KIBO), headquartered in Galway, Ireland, has finalized a share placing deal involving the issuance of new shares. The company, which is engaged in energy projects across Africa and the UK, has converted GBP 263,334 of debt into...
ADM Energy Highlights Successful Start of Production at Vega Oil Wells
August 05, 2024 12:26 PM BST| By Team Kalkine MediaADM Energy PLC (LSE: ADME) announced on Monday that its Texas-based subsidiary has commenced revenue generation with the start of production at the first of three newly acquired wells.,Acquisition Details and Funding,In June, ADM Energy, a London-hea...
